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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Super Intendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Disability Payments

Are Long term Disability payments Like CPP or Private Insurance Plans treated the same as wages during bankruptcy?

Posted from: Ontario

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One Response to “Disability Payments”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

You are correct, regular payments from Long Term Disability, CPP or the like a treated as wages if you file for bankruptcy.